Analysis
Drawing from comparable Vermont psychology programs, Goddard's bachelor's appears positioned near the state's middle tier with estimated first-year earnings around $37,450. That's notably above the national median of $31,500 for psychology graduates, though it trails Vermont's higher-earning programs at Middlebury and Norwich by $4,000-6,000. The estimated debt load of roughly $27,000 lands close to what peer programs carry in the state.
The 0.72 debt-to-earnings ratio sits in manageable territoryβyou're looking at debt equivalent to about 9 months of first-year salary based on patterns from similar programs. For context, over half of Goddard's students qualify for Pell grants, suggesting the school serves a population where that debt burden matters considerably. Psychology degrees rarely command premium entry-level wages regardless of where they're earned, and Vermont's small market means fewer local opportunities compared to urban areas.
The honest assessment: if your child is committed to psychology and values Goddard's distinctive educational model (highly individualized, low-residency options), the estimated financial picture doesn't raise red flags. But understand you're paying for a specific pedagogical approach rather than measurably better career outcomes. The small program size that necessitates these estimates also means fewer established alumni networks and potentially less robust career services. Make sure the school's alternative structure genuinely fits your student's learning style before committing.
Where Goddard College Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Compare to Similar Programs in Vermont
Psychology bachelors's programs at peer institutions in Vermont (8 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $19,568 | $37,452* | β | $26,938* | β | |
| $65,280 | $43,839* | $67,306 | $17,256* | 0.39 | |
| $49,600 | $41,164* | $51,746 | $26,938* | 0.65 | |
| $11,400 | $37,452* | β | β* | β | |
| $50,040 | $36,902* | $41,738 | $27,000* | 0.73 | |
| $18,890 | $32,674* | $42,915 | $22,958* | 0.70 | |
| National Median | β | $31,482* | β | $25,500* | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Goddard College, approximately 53% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 5 similar programs in VT. Actual outcomes may vary.